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Pros and Cons of Actively Managed ETF’s By Robert Powell (Market Watch)

 —A growing number of investment firms, hoping to jump on the exchange-traded-fund band wagon, are launching actively managed ETFs. In recent weeks, for instance, several large managers best known for their active management, including PIMCO, BlackRock, Fidelity Investments, and John Hancock, either plan to or have already launched funds that seek to give investors the best of both worlds—mostly low costs, intraday trading and a chance to beat the indexes. …

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